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President Donald Trump said Thursday that a deal had been signed "yesterday" with China, but offered no details.
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Global shares were mostly higher on Friday as the week was winding down with the Israel-Iran ceasefire still in place and signs of progress on a China-U.S. trade deal.
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As the U.S. and China finalized a trade agreement, Beijing pitched itself at the "Summer Davos" summit as an antidote to global economic "confusion and anxiety."
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Shares rise on China-US trade hopes, US dollar drops ReutersStock Market Today: Dow Futures Rise on Trade Truce Optimism — Live Updates WSJStocks Lifted by Trade Talks, Fed Rate-Cut Bets: Markets Wrap BloombergUS stock futures rise on trade deals. S&P 500 and Nasdaq to test record highs. USA TodayFTSE 100 LIVE: Stocks higher as US and China sign trade agreement with '10 deals imminent' Yahoo
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